The Buy Side and the Cloud - Time to Make the Leap

Key findings include: 

• The majority of respondents (80%) are actively exploring the option of increasing their use of cloud-based services or technologies 
• Time to market (60%) and access to technologies firms couldn’t develop in-house (48%) are the two biggest benefits cited by respondents for consuming cloud-based applications and services 
• Security issues (64%) and unforeseen or hidden costs (46%) are the two primary drawbacks associated with cloud-based applications and services
• (38%) of respondents are looking to rationalize the number of relationships they have with cloud providers, while a further (34%) are happy with the number of relationships they currently have